Finance
Closing the books faster with AI supported reconciliation
We identify where AI removes cost and where it quietly adds risk.
Every engagement begins with a scoping conversation. If a smaller package is the right starting point, we will say so.
Overview
Period close in a fund business is an exercise in reconciliation. Capital accounts must agree to the general ledger, cash must agree to bank records, investment balances must agree to valuation support, and the administrator's position must agree to the manager's own. The work is detailed, deadline driven and largely manual, and it recurs every quarter without variation in shape.
The difficulty is not the arithmetic. It is the volume of comparison and the need to investigate every difference, including the many that turn out to be timing or presentation rather than error. Finance teams spend the majority of the close window identifying differences rather than resolving the ones that matter.
The Strategy
Source records are connected directly: the general ledger, the administration platform, bank statements, valuation files and the investor register. AI performs the comparison work continuously rather than at period end, matching transactions across systems, identifying breaks, and classifying each break by likely cause based on how similar differences have resolved historically.
The finance team then works an exception queue rather than a reconciliation. Each item arrives with the underlying records attached, the suggested explanation stated, and the proposed treatment available for approval or rejection. Items that recur are identified as process issues rather than repeatedly investigated, and the close position is visible throughout the period rather than assembled at the end of it.
Results Driven
Close timelines shorten because the reconciliation work is largely complete before the period ends. The finance team's effort moves from finding differences to resolving the small number that represent genuine issues, which is both more valuable and considerably more interesting work.
Audit preparation improves as a direct consequence. The supporting trail for every reconciled balance exists as a matter of course, questions from the auditor are answered from the record rather than reconstructed, and the firm gains confidence in reporting figures earlier in the cycle.
0days
0days
Reduction in the average period close timeline across fund vehicles.
0%
0%
Of reconciling items matched and explained without manual investigation.
0%
0%
Reduction in audit preparation effort through a continuous supporting trail.
